9 May 2025

Moray & Agnew congratulates Hearing Professionals Australia and its founder shareholders on the successful completion of the sale of its audiological clinics business to international audiology group, Sonova Audiological Care Australia Pty Ltd, a subsidiary of Sonova Holding AG (SWX: SOON).

Hearing Professionals is a leading audiological group with 17 clinic businesses throughout Victoria, Australia. Over the past decade, Moray & Agnew has advised Hearing Professionals on various clinic acquisitions as it successfully grew its group of clinic businesses.

Headquartered in Switzerland, Sonova is a global leader in innovative hearing care solutions from audio devices and wireless communication systems to audiological care services, hearing aids and cochlear implants.

The Moray & Agnew team on this transaction was led by Phillip Grundy (Partner) and Emilie van Baalen (Senior Associate) who acted on the corporate and commercial aspects of the sale and were assisted by Associates Rebecca Durso and Tom Hunt. Noweid Ali (Senior Associate) advised on leasing and property matters and Nick Duggal (Partner) and Estelle Sarra (Senior Associate) advised on employment matters.

The Findex Corporate Finance team acted as financial advisors to Hearing Professionals on this transaction.

Phillip Grundy, Corporate Partner commented “We thank our client Hearing Professionals for the opportunity to advise on this important transaction for the company and its founders. It has been a pleasure to represent Hearing Professionals on various M&A transactions as it grew its clinics business, and culminating in this successful sale of the business to a major international industry player such as Sonova”.